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Markets Dip on Weak Economic Data, Some Gains from Supreme Court

Economy
In both the US and abroad, the markets were as the two-day European Summit begins and attentions were directed to domestic economic data and the Supreme......(read more)

Markets Rise on Improvements in Durable Goods, Housing

Economy
Markets were up across the board today. Gains were realized in both domestic and foreign markets alike. European stocks rose a little higher as investors......(read more)

Facebook Appoints Sandberg to Board

Facebook
Facebook, Inc. (FB) has had a rough time of things. Since its IPO in May, the company has ranged in price from $25.52 to $45.00 a share, and averaged......(read more)

John Paulson Sticking With Property Investments

PAULSON & CO
John Paulson, founder and manager of Paulson & Co., made $15 billion in 2007 betting against U.S. subprime mortgages, and he seems to be just as bullish......(read more)

John Paulson’s 2011 Hedge Fund Performance

PAULSON & CO
The numbers are in for John Paulson’s Paulson & Co. The hedge fund finished 2011 with depressingly low returns reports the New York Times. Paulson......(read more)

Warren Buffett Will Be On Chinese Internet Spring Festival

Warren Buffett
Hedge fund billionaire, investment tycoon Warren Buffett will be on the annual Chinese Internet Spring Festival and meet millions of Chinese audiences......(read more)

CP Rail $CP Gets Upgrade on Prospect of New CEO

Canadian Pacific Railway (CP) “was upgraded to neutral from underweight at JPMorgan on raised expectations that Hunter Harrison will become CEO,&#......(read more)

Insider Trading: WL Ross & Co Bought Shares In $XCO

Insider Trading: WL Ross & Co Bought Shares In $XCO
Wilbur Ross’s Invesco Private Capital (WL Ross & Co) recently reported its insider purchases in Exco Resources Inc. (XCO). The firm bought 363 thousand......(read more)

Hedge Funds Move Away from Oil Stocks

Ken Heebner
Big oil used to be a solid investment. The stocks trade like utilities – they tend to offer stable growth with decent dividends. But, things have been......(read more)

Cramer on $CELG, Berkowitz Report, Hedge Fund Redemptions

Apple Inc. (AAPL)
Jim Cramer Says Celgene is Better Than Pfizer (InsiderMonkey) Jim Cramer is the host of the popular “Mad Money” show on CNBC. He is famous for making......(read more)

Jana Partners Investor Letter 2011 Q3

Barry Rosenstein, Jana Partners
Jana Partners’ 2011 Q3 investor letter is out. In the third quarter, Barry Rosenstein‘s Jana Partners worked with McGraw Hill (MHP) as the......(read more)

Raj’s Fine, Icahn Ups $TPCA, Citadel Ups $MDC, Och-Ziff Down

Raj Rajaratnam
Poor Raj: Hedge-Fund Titan Says Penalty Too Big (FoxBusiness) Convicted hedge-fund titan Raj Rajaratnam will likely appeal the record penalty handed down......(read more)

Citrone Ups $PANL, Cohen Likes $GNC, Brown $PRS, Hawkins $KWK

Rob Citrone, Discovery
Rob Citrone’s Discovery Capital Increases Stake in $PANL (InsiderMonkey) Rob Citrone’s Discovery Capital filed Form 4s for its recent insider......(read more)

Elliott Management’s Paul Singer Speaks Aganst Dodd-Frank

Paul Singer, Elliott Management
Paul Singer, fund manager of Elliott Management Group and favorite of the Tiger21 club, recently spoke to members of the Federalist Society at a conference......(read more)

Fir Tree Real Estate Fund, New Clarium Fund, Arrowhead Ponzi Case

Fir Tree Nets $628M For Real Estate Fund (FINAlternatives) The $7 billion New York-based firm announced that its Real Estate Opportunity Fund II garnered......(read more)

Third Point’s Dan Loeb Wants Jerry Yang Deposed from Yahoo $YHOO

Dan Loeb, Third Point
Hedge Fund Manager Dan Loeb is worried Jerry Yang, the founder of Yahoo, will muck up its sale reports the Wall Street Journal. Loeb, who manages the......(read more)

Icahn Likes $WBMD, Man Rises, RenTech Rebirth, Corzine Resigns

Carl Icahn, Chesapeake Energy (CHK)
Icahn Raises His Stake in WebMD to 9.49% (NYTimes) Mr. Icahn said in a filing with the Securities and Exchange Commission that he had bought call options......(read more)

Dan Loeb Says He Was Too Cautious During October Rally

Dan Loeb, Third Point
Dan Loeb is the founder and manager at Third Point. He is well known for big and successful investments....(read more)

Schafer’s OSS Shuts Down, Kraft $KFT Split, EU Suspends Greek Aid

Oscar Schafer
Oscar Schafer’s O.S.S. Capital Management to Shut Down (WSJ) After more than 40 years as a noted stock-picker and market commentator, Oscar Schafer......(read more)

Harbinger’s Spectrum Rates BB-, Skybound in HK, Oil Falls Back

Phillip Falcone, Harbinger
Fitch Assigns Initial Ratings of ‘BB-’ to Harbinger Capital’s Spectrum (MarketWatch) Fitch also assigns a ‘BB-’ rating to......(read more)

Paradis Returns, Point Capital Launch, MJE Expands, WV Allocation

Glenn Paradis, Clairwood
Glenn Paradis Returns as Hedge Fund Manager (MarketWatch) At Aegon Capital Management, Glenn Paradis was a well-known growth manager who focused mainly......(read more)

SEC Scolded, Wilcox Launch, MF Global FBI, SEF Case Dismissed

Mary Schapiro, SEC Chairman
SEC Scolded Over Records (WSJ) An internal watchdog slapped the Securities and Exchange Commission on the wrist for its now-discontinued policy of discarding......(read more)

David Einhorn Thinks Gold Companies Will Outperform Bullion

Hedge Fund News: David Einhorn, Mitt Romney, Philip Falcone
David Einhorn, Greenlight Capital has noticed a “substantial disconnect” in the market according to Bloomberg and he is investing accordingly......(read more)

Bill Ackman’s Pershing Square Builds 12.2% Stake in CP Rail

Bill Ackman, Pershing Square
Pershing Square, the activist hedge fund founded and managed by Bill Ackman “has built up a 12.2 per cent stake in Canadian Pacific Railway, one......(read more)

Green Mountain Coffee Slips Lower After T2′s Tilson Comments on SEC Probe

Whitney Tilson, T2 Partners
Green Mountain Coffee Roasters (GMCR) has had a rough October. The coffee giant popular for its Keurig K-Cups has fallen almost 30% since October 1, 2011......(read more)

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